Tuesday, February 16, 2021

Reduction in fuel price shows a caring President – BMO


Rayyan Alhassan
Rayyan Alhassanhttps://dailynigerian.com/author/rayyan/
Rayyan Alhassan is a 30-year-old graduate of Journalism and Mass Communication at Sikkim Manipal University, Ghana. He is the acting Managing Editor at the Daily Nigerian newspaper, a position he has held for the past 3 years. He can be reached via [email protected], or www.facebook.com/RayyanAlhassan, or @Rayyan88 on Twitter.
tiamin rice

The Buhari Media Organisation, BMO, says the reduction in the pump price of petrol from N145 to N125 by the Muhammadu Buhari administration showed that the country had a caring President.

READ  Aisha Buhari joins husband in London

BMO Chairman, Niyi Akinsiju, in a statement in Abuja on Thursday, said that the reduction also showed the President’s commitment to utilise any opportunity to improve the lives of Nigerians

Mr Akinsiju, who said that the gains associated with the reduction in the fuel pump price were multi-faceted, said it would enable Nigerians to have more funds to spend on other needs.

According to him, BMO sees the reduction as a way the administration is bonding with the people and further proves that it is peoples centered.

READ  Buhari hosts West African leaders over Gambia transition row

“It has also shown that the Buhari administration has not failed to utilise any opportunity to improve the lives of Nigerians.

READ  Some groups, persons plotting to pitch Nigerians against each other, Northern elders allege

“This aligns with one of the government’s cardinal objectives of bequeathing a healthy economy to the country.

“Apart from enhancing the spending power of the citizens, the gains associated with the reduction in the fuel pump price are multi-faceted.

“It will enable citizens to have more funds to spend on other needs thereby cushioning the effects of the downturn in the global economy as a result of the Coronavirus pandemic,” he said.

According to BMO chairman, the reduction in pump price will enhance the productivity of the manufacturing sector as it would reduce the cost of operations.

READ  Buhari Media Organisation blames PDP for Plateau killings
READ  We have nothing to hide, our books will always be open – Buhari

“Even the cost of transportation for ordinary Nigerians will fall as this is a natural trend in every economy and the result is improved life for all Nigerians.

“Nigerians should appreciate and continue to support the government in its efforts to reposition the country.

“We note that in spite of severe economic challenges confronting Nigeria, going by the drastic drop in global oil price, the Federal Government has remained focused on delivering on its obligations to the Nigerian people,’’ he said.


Subscribe to Our VIP Newsletter

Related News

Latest News